Equity MFs Scale New AUM Peak in November: Equity mutual funds touched a record high in November, with Net AUM rising 1.40% month-on-month to ₹35.66 lakh Crore, compared with ₹35.17 lakh crore in October. The broader mutual fund industry also crossed a major milestone, as overall Net AUM increased 1.16% to ₹80.80 lakh crore. This steady expansion was supported by near-record SIP inflows alongside moderate equity market gains, highlighting continued investor confidence and resilience in long-term equity participation despite prevailing market uncertainties.
Mutual Funds Signal Strong Interest in November IPOs: Equity mutual funds showed healthy appetite for November’s IPO/primary-market additions, selectively building exposure to newly listed names. Key IPO entries included Billionbrains Garage Ventures(Groww) (52 schemes; 3.70%), Tenneco Clean Air India (42 schemes; 6.16%), Physicswallah (35 schemes; 3.96%), Pine Labs (33 schemes; 7.80%), Emmvee Photovoltaic Power (24 schemes; 5.04%), Capillary Technologies India(19 schemes; 11.37%) and Sudeep Pharma (16 schemes; 3.14%), reflecting broad-based participation and fund-specific conviction across select listings.
Mutual Funds Add Fresh Picks Across Consumption, Industrials & Telecom: Beyond IPOs, mutual funds broadened their equity exposure by adding established names such as Ather Energy, Sagility, Asian Paints, Mphasis, Mahindra & Mahindra, Indus Towers, Canara Bank and Titan Company, indicating diversified buying interest across sectors.
Mutual Funds Execute Complete Exits Across Select Sectors: On the exit side, equity mutual fund schemes undertook portfolio realignments by fully exiting positions in names such as Kaynes Technology, Hero MotoCorp, NSDL, Hindalco, Bajaj Auto, Varun Beverages, Lupin, PFC, Siemens Energy, Hindustan Unilever, HDFC AMC, Glenmark Pharma, HPCL, Trent and Hyundai.
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